“Let’s make CRO again big! Trump Media and Technology Group (TMTG), which has already applied for ETF Bitcoin and Ethereum, which is considered in SEC, has just announced the creation of a new enterprise with Crypto.com. This new structure aims to create the reserves of token Cronos (CRO), imitating the trend of Crypto Treasuries, started by Strategy and Michael Salor. […]”, – WRITE: Businessua.com.ua
Let’s make CRO again big! Trump Media and Technology Group (Tmtg) that has already submitted Applications on ETF Bitcoin and Ethereum, considered in SEC just announced the creation of a new enterprise with Crypto.com . This new structure aims to create token reserves Cronos (CRO) by following the trend Crypto Treasuries started Strategy and Michael Salor.
The key points of this article:
- Trump Media and Technology Group in partnership with Crypto.com has created an organization that will be storage The world’s largest treasury Cro tokens.
- A new company called Trump Media Group Cro Strategy is expected to control the stock portfolio exceeding $ 6.4 billion, which has significantly increased the CRO price.
The news appeared in a press release on Tuesday, August 26, 2025, and was transferred on X main interested parties: Trump Media and Technology cooperates with Crypto.com and Yorkville Acquisition Corp To create a new company that will buy Cro Based on the model Crypto Treasuries .
More precisely, this involves the creation of a treasury company that will be quoted on the NASDAQ stock exchange under the Ticker MCGA which is deciphered as “ Make Cro Great Again ”(let’s make CRO ), thus inspired by Maga slogan, dear President Donald Trump.
More, expected to be a new company called Trump Media Group Cro Strategy will have $ 1 billion Cro, $ 420 million cash and varants as well as credit line on $ 5 billion from a subsidiary in Yorkville.
Source: account x Chris Marsaleke (@Kris)
Cryptocurrency Treasury has over $ 6.4 billion at the head Adding the above amounts can be obtained to $ 6.42 billion that could be used to buy CO. According to the words Chris Marshalek co -founder and CEO Crypto.com, after the new organization will become “it will become” the world’s largest owner tokens Cro, having above 6.3 billion cro ”.
Besides to consolidate your partnership Trump Technology Group (shares Djt ) purchased Cronos tokens for a sum $ 105 million and Crypto.com purchased DJT shares on the amount $ 50 million .
No wonder that prices on CRO sharply They increased After this loud statement. At the time of writing the article they exceeded $ 0.21 per unit by registering growth almost on 26% In 24 hours!
The price of CRO is relative to the US dollar. – Source: coingcko.com
Thus expected that the new structure of Trump Media Group Cro Strategy will A noticeable place In the Crypto Treasuries ranking, which still dominated companies that accumulate reserves in Bitcoin (BTC) and Ethereum (ETH). Moreover, only in July last year Trump Media and Technology Group purchased Bitcoin worth $ 2 billion for your own crypto-rates. It remains to see if the MCGA shares will be as good when they are quoted on NASDAQ.
Source: Journalducoin.com
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